Payroll Launchpad - Unveiling the Foundations

Description

Ignorance Isn't Bliss: The Consequences of Ignoring US Payroll Laws

Picture this: Your business is flourishing, employees are dedicated, and the future looks bright. But in the fast-paced world of payroll management, ignorance or oversight can lead to dire consequences. Failing to adhere to payroll laws isn't just risky–it's a potential minefield of legal and financial setbacks that can shake the very foundation of your success.

Walmart Inc. (2008)

Walmart settled a class-action lawsuit for $640 million regarding allegations of wage and hour violations. The lawsuit claimed that the company had failed to provide proper meal and rest breaks, resulting in underpaid wages for hundreds of thousands of employees.

Wells Fargo (2016)

Wells Fargo faced a penalty of 185 million for creating unauthorized customer accounts to meet sales targets. This case also involved employees being pressured to meet unrealistic sales quotas, leading to unethical practices.

Here's a brief description of what we'll go over in this course so you can avoid (or make sure the company you work for avoids) these costly mistakes:

Introduction to Payroll Management

Understand the role and importance of payroll in organizations.

Explore the key components of payroll processing.

Legal and Compliance

Navigate through complex payroll regulations and stay compliant.

Learn about tax obligations, labor laws, and reporting requirements.

Calculating Payroll

Master your understanding of wages, deductions.

Explore overtime calculations and special scenarios.

Record Keeping and Reporting

Learn best practices for maintaining accurate payroll records.

Reports for management and auditing purposes

Who Should Enroll?

Aspiring Payroll Professionals

HR Personnel and Administrators

Small Business Owners

Accounting and Finance Students

Anyone Seeking a Career in Payroll

TAKE THIS COURSE